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To: Aj-Ruk who wrote (263)3/5/2004 11:57:11 AM
From: Condor  Read Replies (1) | Respond to of 1338
 
After they sell off the Int. Prop they have 4 mil cash. I presume they will retain staff and have working money. Could they be sitting on something that they may actually be able to market and its not part of the sell off? In other words, it is not a foregone conclusion that activity ceases and the shell is for sale. Perhaps the remaining team and the co. are available for redeployment.

C



To: Aj-Ruk who wrote (263)3/5/2004 12:00:57 PM
From: Condor  Read Replies (2) | Respond to of 1338
 
PS
I will mention that I held a co. once that was a shell. I bought it at .08 and sold at $ 3.50....it went on to $ 20.00.
Lets see here... .15 times a bunch, carry the one and divide by two, multiply times....
Gadzooks...not bad.
Should I hold?

Cheers
C